Dallas Area Residential Sales Report for May – McKinney TX

Dallas Area Residential Sales Report for May – McKinney TX

No slowdown in home sales in McKinney. May saw an increase of 21% in Sales as compaired to lasy May. The average sales price was up 2% and the median sales price rose 5%. Price increase have been moderating over the last several months. Pending sales did drop 3%. We’ll have tp waite and see if this means anything. New listings came in up 17%. Active listings increased 31%. the months of inventory now stands at 2.9 months. Some good news if you are a buyer but we are well short for the 6 months considered a balanced market. McKinney is still tilted to the Sellers side!

Sales: 376

Average Sales Price: $365,965

Median Sales Price: $355,000

Pending Sales: 287

New Listings: 442

Active Listings: 743

Months of Inventory: 2.9

Information provided by The Real Estate Center

#mariesellsdallas #McKinney #McKinneyhomesales #McKinneyhomevalues #McKinneyTX #realestate #homesforsale

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